Latest news with #sustainabledevelopment
Zawya
7 hours ago
- Business
- Zawya
Breaking News: African Leadership Magazine Announces Winners for the 2025 African Business Leadership Awards (ABLA)
The African Leadership Magazine (ALM) ( is pleased to announce the winners of the 2025 African Business Leadership Awards (ABLA), following the conclusion of a rigorous, four-tier, points-based selection process. In keeping with our established tradition, this year's evaluation combined 65% of the final score from the global online poll with 35% from verified documentation, including evidence of institutional growth, innovation, sustainability, and measurable impact. The African Business Leadership Awards (ABLA) is the continent's premier platform for recognising exceptional corporate practices, impact-driven leadership, and transformative contributions to Africa's evolving business and economic ecosystem. The ABLA selection process includes public nominations, editorial board screening, a global public vote, and a final evaluation based on verifiable metrics to ensure that each honoree reflects the highest standards of African excellence, innovation, and measurable impact. In line with African Leadership Magazine's unwavering commitment to amplifying Africa's underreported success stories, often overlooked by mainstream global media, the African Business Leadership Awards (ABLA) celebrate policymakers, industry leaders, and resilient brands that are setting standards in corporate governance, innovation, and sustainable development. Dr. Ken Giami, Founder&CEO of the African Leadership Organisation, said in an official statement: ' On behalf of the Board, we warmly congratulate the winners of ABLA 2025 for their unwavering commitment, groundbreaking achievements, and visionary leadership. Their exemplary contributions are not only transforming Africa's business landscape but also inspiring a new era of sustainable growth and opportunity across the continent. ' The winners and runners-up will be formally presented with award trophies and other honours during the African Business Leadership Awards (ABLA) Ceremony—the major highlight of The Africa Summit London 2025—scheduled for 9–10 July 2025 at The Landmark Hotel and the UK House of Lords. Additionally, all honourees will be featured in the highly anticipated ABLA 2025 Honourees Edition of African Leadership Magazine, a prized collector's item unveiled during the event and distributed globally. Below is the complete list of winners and runners-up in the various categories of the African Business Leadership Awards (ABLA) 2025: African Business Leader of the Year Ntombi Felicia Msiza, CEO, Raubex Group Ltd, South Africa – Winner Mohamed Ould Bouamatou, Founder&Chairman, Bouamatou Société Anomyme (BSA), Mauritania – Co-Winner African Female Business Leader of the Year Esther Muchemi, CEO, Samchi Group, Kenya – Winner Jesca Mhoja Nkwabi, CEO, KOM Group, Tanzania – Co-Winner African Regulator of the Year Brima M. Baluwa Koroma, Director General, National Petroleum Regulatory Authority, Sierra Leone – Winner Leonilde dos Santos, President, Multisectoral Economic Regulatory Authority (ARME), Cape Verde – Co-Winner Business-Friendly Governor of the Year Peter Ndubuisi Mbah, Governor, Enugu State, Nigeria – Winner Oscar Mabuyane, Premier, Eastern Cape, South Africa – Co-Winner Africa CSR&Community Development Impact Award Standard Chartered Bank, South Africa – Winner Ashanti Goldfields Corporation, Ghana – Co-Winner African Finance Minister of the Year Ahmed Kouchouk, Minister of Finance, Egypt – Winner Bihi Iman Egeh, Minister of Finance, Somalia – Winner Marial Dongrin Ater, Minister of Finance and Economic Planning, South Sudan – Co-Winner Trade&Investment Promotion Agency of the Year Agency for Private Investment and Export Promotion (AIPEX), Angola – Winner Moroccan Agency for Investment and Export Development (AMDIE), Morocco – Co-Winner Central Bank Governor of the Year Mohamed Lemine Dhehby, Governor, Central Bank of Mauritania – Winner Johnson Asiama, Governor, Bank of Ghana – Co-Winner Rama Krishna Sithanen, Governor, Bank of Mauritius – Co-Winner Trade&Investment Minister of the Year Jumoke Oduwole, Minister of Industry, Trade and Investment, Nigeria – Winner Chipoka Mulenga, Minister of Commerce, Trade and Industry, Zambia – Co-Winner African CEO of the Year Armstrong Takang, CEO, Ministry of Finance Incorporated (MOFI), Nigeria – Winner Jeremy Awori, Group CEO, Ecobank Transnational Incorporated (ETI), Togo – Co-Winner African Brand of the Year Ethiopian Airlines – Winner Commercial International Bank (CIB), Egypt – Co-Winner African Company of the Year Bidco Africa, Kenya – Winner Innoson Vehicle Manufacturing, Nigeria – Co-Winner Industry Personality of the Year Ally Edha Awadh, CEO, Lake Oil Group, Tanzania – Winner Jemal Ahmed Abdu, CEO, MIDROC Investment Group PLC, Ethiopia – Co-Winner Africa Business Integrity Leader Award Arab Contractors, Egypt – Winner Coris Bank International, Togo – Co-Winner Young Business Leader of the Year Mamotake Matekane, Chief Operations Officer, MGC Matekane Group, Lesotho – Winner Martha Namundjebo-Tilahun, Co-founder, United Africa Group, Namibia- Co-Winner African Tech&Digital Economy Leader of the Year Mastercard Africa – Winner MTN Group, South Africa – Co-Winner Lifetime Achievement Award Kwabena Kesse, CEO, Kessben Group of Companies, Ghana – Winner Special Commendation Award for Regulatory Excellence Daniel Kiptoo Bargoria, Director General, Energy and Petroleum Regulatory Authority, Kenya – Winner Distributed by APO Group on behalf of African Leadership Magazine. For media enquiries, please contact: Ehis Ayere +44 23 9265 8276 ehis@ About African Leadership Magazine: The African Leadership Magazine is the flagship publication of the African Leadership Organisation (UK) Limited. For the past 19 years, the organisation has been dedicated to promoting impactful leadership in Africa and showcasing African opportunities globally. Through its various initiatives, including quality Afro-positive content, trade facilitation, market entry solutions, business networking platforms, and public sector training and consulting, the African Leadership Magazine plays a vital role in driving positive change and development across the continent.
Associated Press
a day ago
- Business
- Associated Press
Inaugural Global Business Summit in Jakarta convened to advance sustainable BRI Infrastructure Cooperation for SDGs
JAKARTA, Indonesia, May 30, 2025 /PRNewswire/ -- The 'Inaugural Global Business Summit on Belt and Road Infrastructure Investment for Better Business Better World and Sustainable Development Goals' (the Summit) officially opened on May 25 in Jakarta. The Summit is co-hosted by the Government of Indonesia, the United Nations Global Compact 'Sustainable Infrastructure for the Belt and Road Initiative to Accelerate the SDGs' Action Platform (UN Global Compact BRI for SDG Action Platform), THK Forum, United in Diversity Foundation (UID), the Indonesian Chamber of Commerce and Industry (KADIN), UN Global Compact Network Indonesia (IGCN), International Chamber of Commerce (ICC), and the Sustainable Development Solutions Network (SDSN). In keynote addresses, UN Under-Secretary-General Li Junhua emphasized the imperative for 'low-carbon, resilient, and universally accessible infrastructure' while the UN Assistant Secretary General, and Executive Director of UN Global Compact Sanda Ojiambo outlined four strategic priorities for businesses: adopting science-based decarbonization targets, prioritizing circular economy principles, engaging local communities, and leveraging blended finance. Xiamen Airlines Chairman Zhao Dong highlighted the pivotal role of aviation connectivity in advancing the 'Air Silk Road'. The summit yielded substantive outcomes, including the launch of the report Transition Finance for Sustainable Development of Traditional Industries and nine cross-sector initiatives spanning green energy transition, SME empowerment, and global health cooperation. A landmark Joint Statement by the UNGC BRI for SDG Action Platform High-Level Steering Committee reaffirmed BRI's role as a global public good for infrastructure investments and business participation, committing to sustainable development through responsible business and multi-stakeholder partnerships across sectors including healthcare, energy, telecommunications, construction, manufacture, transportation, food, agriculture and digital infrastructure. Four expert roundtables addressed critical themes: sustainable supply chains in green minerals, healthcare innovation, ESG compliance, and green industrial park development. Marking the 75th anniversary of China-Indonesia diplomatic ties, UN resident coordinator's office in Indonesia and China joined hands with UN Global Compact company participants to co-launch Sino-Indonesia Corporate Communities Action Network for sustainable development to enhance sustainable communities and SDGs. Business leaders endorsed establishing an annual business summit mechanism to ensure BRI projects align with SDGs and promote international standard and private sector best practices. The summit concluded with a unified call to action, underscoring shared responsibility in building an inclusive, climate-resilient future through strengthened BRI collaboration. This inaugural event has established a new paradigm for public-private partnerships in sustainable infrastructure development, setting the stage for long-term, principled cooperation. Photo - Logo - View original content to download multimedia: SOURCE UN Global Compact
Zawya
a day ago
- Business
- Zawya
UAE, Malaysia's Perak State Development Corporation sign MoU to facilitate investments in food security
The Ministry of Investment and the Perak State Development Corporation in Malaysia have signed a Memorandum of Understanding (MoU) to support co-operation in the field of food security. The agreement also includes the development of the Bagan Datuk International Sea-Hub Multipurpose Terminal in Perak State, reinforcing both parties' commitment to global supply chains and sustainable economic growth through strategic infrastructure development. The MoU was signed by Mohamed Hassan Alsuwaidi, Minister of Investment, and Yab Dato' Seri Haji Saarani Bin Mohamad, Chairman of Perak State Development Corporation. The two parties will work together to explore opportunities for investment in food security, building on the Comprehensive Economic Partnership Agreement (CEPA) signed between the UAE and Malaysia in January 2025. Mohamed Hassan Alsuwaidi said, 'This Memorandum with the Perak State Development Corporation underscores our shared commitment to bolstering regional supply chain resilience and driving sustainable development. Through this partnership, we aim to create meaningful international collaborations that deliver tangible value to both parties, while also contributing to the stability of the global food system.' Yab Dato' Seri Haji Saarani Bin Mohamad, Chairman of Perak State Development Corporation added, 'We are pleased to formalise this partnership with the UAE Ministry of Investment, which will advance our agricultural sector and infrastructure development objectives, and our role in global food security. The Bagan Datuk International Sea-Hub Multipurpose Terminal will serve as a critical gateway for Malaysia's food exports while strengthening our position in global supply chains. We greatly value our partnership with the UAE and look forward to working together.' The UAE and Malaysia have a strong relationship with increasing economic and trade ties. Non-oil bilateral trade reached US$4.9 billion in 2023 and US$4 billion in the first nine months of 2024. The UAE is Malaysia's second-largest trading partner in the Middle East accounting for 32% of Malaysia's trade volume with the region, and Malaysia is the UAE's 12th largest Asian trading partner.
Yahoo
2 days ago
- Business
- Yahoo
Xinhua Silk Road: 2025 Maritime Silk Road Port Cooperation Forum highlights ports green, intelligent dev't
BEIJING, May 30, 2025 /PRNewswire/ -- The 2025 Maritime Silk Road Port Cooperation Forum opened Tuesday in port city of Ningbo, east China's Zhejiang Province, bringing senior port executives, industry experts, and scholars from more than 40 countries and regions. Themed "Go Green, Go Intelligent", the forum aimed to explore ways to advance low-carbon development through green technologies, enhance supply chain resilience via digital connectivity, and strengthen international cooperation amid multiple global challenges. Eyeing high-quality development of port shipping industry, He Jianzhong, president of China Institute of Navigation said in his speech that the port shipping industry should promote sustainable development through green practices, drive industrial transformation and upgrading via digital and intelligent innovation, and facilitate industry integrated development by enhancing connectivity. Based on global practice, Anne-Sophie Zerlang Karlsen, head of Maersk's Asia-Pacific operations, shared that in recent years, the Danish shipping giant has leveraged big data, machine learning, and artificial intelligence (AI) to conduct real-time analysis of massive data, which has reduced costs and energy consumption, enhanced the capability for on-time cargo delivery, and boosted the overall efficiency of the supply chain. For Chinese practice, the Ningbo Zhoushan Port, the world's largest port in terms of annual cargo throughput and the third-largest in annual container throughput, is actively exploring the port's transformation with three major systems featuring net-zero emissions, digital intelligence operation and full logistics services to inject impetus to global port shipping industry, said Tao Chengbo, chairman of Zhejiang Seaport Group and Ningbo Zhoushan Port Group. Jens Meier, president of the International Association of Ports and Harbors (IAPH) and CEO of Hamburg Port Authority, emphasized the importance of global cooperation via the forum as a key platform, which enables global stakeholders to work hand in hand and address common challenges. This year's forum has witnessed the release of consensus documents and several reports. Besides, concrete agreements were signed between Ningbo Zhoushan Port and Germany's Hamburg Port, Wilhelmshaven Port and Spain's Valencia Port. Side events included six thematic forums focusing on a few sub-sectors, such as full logistics, smart shipping, port-city integration, and navigation safety. Original link: SOURCE Xinhua Silk Road Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
2 days ago
- Business
- South China Morning Post
Brics approves climate finance framework, crafting a joint position for the first time
The Brics economic bloc approved its first joint climate finance framework on Thursday, the group's most coordinated effort to date on funding climate action and setting the stage for a shared position – a first for the group – ahead of Cop30 in Brazil. The nonbinding framework – agreed during a high-level meeting on climate change and sustainable development – outlines Brics priorities including the reform of multilateral development banks, the scaling up of concessional finance and the mobilising of private capital to support climate efforts in the Global South. The document will be submitted to Brics heads of state at their July meeting. Cop30, the 30th session of the Conference of the Parties, the latest United Nations climate change summit, is scheduled for November in Belem, Brazil. 'For the first time, there will be a document that guides a common and collective Brics action in the area of climate finance – involving, for example, reforms of multilateral banks, more concessional finance, and also the mobilisation of private capital and regulatory matters to ensure that flows can reach developing countries,' said Tatiana Rosito, the international affairs secretary at Brazil's finance ministry. In a statement, the Brazilian presidency said that the bloc's latest climate effort reflected a shift from defensive posturing to proactive coordination in international negotiations. Although this marks Brics' first formal initiative as a negotiations bloc on climate finance, its core members – Brazil, Russia, India, China and South Africa – have coordinated informally for years.
